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Class 8 Maths Worksheet: Compound Interest

Maths worksheets lesson 63: Compound interest · Set 190 · 40 sums
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The method (Grow it every year): Year by year: new amount = amount × (100 + R) ÷ 100. Amount after T years = P × (1 + R/100)ᵀ; compound interest = amount − P. A value falling by R% each year: × (100 − R) ÷ 100 every year. For 2 years, CI − SI = P × R × R ÷ 10000.

NameDateTime takenScore ___ / 40
  1. 1.What is the difference between the compound interest and the simple interest on ₹42800 at 25% per year for 2 years (in ₹)?
  2. 2.What amount will ₹45700 grow to in 1 year at 5% per year compound interest (in ₹)?
  3. 3.What is the difference between the compound interest and the simple interest on ₹56400 at 15% per year for 2 years (in ₹)?
  4. 4.What amount will ₹8000 grow to in 3 years at 5% per year compound interest (in ₹)?
  5. 5.Find the compound interest on ₹22500 at 25% per year for 1 year, compounded every year (in ₹).
  6. 6.What amount will ₹32000 grow to in 3 years at 25% per year compound interest (in ₹)?
  7. 7.Find the compound interest on ₹20100 at 25% per year for 1 year, compounded every year (in ₹).
  8. 8.What amount will ₹20000 grow to in 2 years at 4% per year compound interest (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹13200 at 10% per year for 2 years (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹2400 at 25% per year for 2 years (in ₹)?
  11. 11.What is the difference between the compound interest and the simple interest on ₹2300 at 10% per year for 2 years (in ₹)?
  12. 12.Find the compound interest on ₹5100 at 25% per year for 1 year, compounded every year (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹16500 at 20% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹42200 at 4% per year for 1 year, compounded every year (in ₹).
  15. 15.Find the compound interest on ₹42500 at 8% per year for 1 year, compounded every year (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹27000 at 10% per year for 2 years (in ₹)?
  17. 17.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
  18. 18.What is the difference between the compound interest and the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
  19. 19.What amount will ₹16400 grow to in 2 years at 5% per year compound interest (in ₹)?
  20. 20.What is the difference between the compound interest and the simple interest on ₹42400 at 25% per year for 2 years (in ₹)?
  21. 21.What amount will ₹36300 grow to in 1 year at 10% per year compound interest (in ₹)?
  22. 22.What is the difference between the compound interest and the simple interest on ₹48400 at 15% per year for 2 years (in ₹)?
  23. 23.A town has 29500 people. The population grows by 20% every year. What will the population be after 2 years?
  24. 24.What is the difference between the compound interest and the simple interest on ₹52400 at 15% per year for 2 years (in ₹)?
  25. 25.Find the compound interest on ₹42900 at 12% per year for 1 year, compounded every year (in ₹).
  26. 26.A town has 4700 people. The population grows by 10% every year. What will the population be after 1 year?
  27. 27.Find the compound interest on ₹44800 at 25% per year for 1 year, compounded every year (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹20800 at 5% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
  30. 30.What amount will ₹42700 grow to in 1 year at 10% per year compound interest (in ₹)?
  31. 31.Find the compound interest on ₹20700 at 12% per year for 1 year, compounded every year (in ₹).
  32. 32.A town has 3400 people. The population grows by 15% every year. What will the population be after 1 year?
  33. 33.A town has 38000 people. The population grows by 15% every year. What will the population be after 2 years?
  34. 34.What is the difference between the compound interest and the simple interest on ₹50400 at 25% per year for 2 years (in ₹)?
  35. 35.A town has 27600 people. The population grows by 15% every year. What will the population be after 2 years?
  36. 36.Find the compound interest on ₹16000 at 5% per year for 3 years, compounded every year (in ₹).
  37. 37.What amount will ₹32300 grow to in 1 year at 8% per year compound interest (in ₹)?
  38. 38.What amount will ₹2500 grow to in 2 years at 12% per year compound interest (in ₹)?
  39. 39.A town has 24100 people. The population grows by 20% every year. What will the population be after 1 year?
  40. 40.Find the compound interest on ₹34400 at 5% per year for 2 years, compounded every year (in ₹).

Answer key

  1. 2675
  2. 47985
  3. 1269
  4. 9261
  5. 5625
  6. 62500
  7. 5025
  8. 21632
  9. 132
  10. 150
  11. 23
  12. 1275
  13. 660
  14. 1688
  15. 3400
  16. 270
  17. 540
  18. 16
  19. 18081
  20. 2650
  21. 39930
  22. 1089
  23. 42480
  24. 1179
  25. 5148
  26. 5170
  27. 11200
  28. 52
  29. 36
  30. 46970
  31. 2484
  32. 3910
  33. 50255
  34. 3150
  35. 36501
  36. 2522
  37. 34884
  38. 3136
  39. 28920
  40. 3526

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